Sekur Private Data Secures CA$105,000 in Private Placement Funding for U.S. Market Expansion

Sekur Private Data Ltd., a Swiss-hosted cybersecurity and privacy communications platform, has successfully closed the first tranche of its non-brokered private placement, raising gross proceeds of CA$105,000. The company issued 3 million units at CA$0.035 each, with each unit comprising one common share and a full warrant exercisable at CA$0.05 for a 24-month period. This funding round was completed without any finders' fees, making it a clean capital raise for the company.

The proceeds from this private placement will be strategically allocated toward expanding Sekur's U.S. marketing efforts for its privacy communications solutions and supporting general working capital needs. This represents a significant step in the company's growth strategy, particularly as it seeks to strengthen its position in the competitive cybersecurity and privacy communications landscape. The focus on U.S. market expansion comes at a time when demand for secure communication tools continues to grow globally.

Sekur Private Data specializes in providing encrypted communication tools through its comprehensive suite of services available at https://www.sekur.com. The platform offers secure email, messaging, and data management services designed to protect user privacy and data security. The company serves a diverse global customer base that includes consumers, businesses, and government entities through multiple distribution channels, including its own website, approved distributors, and telecommunications partners worldwide.

The private placement represents a strategic move for Sekur to enhance its market presence and continue developing its suite of secure communication technologies. By directing resources toward U.S. market expansion, the company aims to capitalize on growing concerns about data privacy and cybersecurity threats. This funding will enable Sekur to increase its visibility and adoption in one of the world's largest markets for cybersecurity solutions, potentially accelerating the company's growth trajectory and market penetration.

The structure of the financing, featuring both common shares and warrants, provides investors with additional upside potential while giving the company immediate capital to execute its expansion plans. The 24-month warrant exercise period at CA$0.05 represents a significant premium to the current unit price, offering potential future capital if the company's valuation increases. This approach demonstrates Sekur's confidence in its growth prospects and the value proposition of its secure communication platform in an increasingly privacy-conscious digital environment.